Chinese
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Geely-linked car electronics maker eager to shed Chinese roots
Ecarx is in advanced discussions to combine with another Nasdaq-listed automotive-sensor company [HONG KONG] Ecarx Holdings, the Nasdaq-listed automotive electronics firm controlled by the founder of major Chinese automaker Geely,…
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Anthropic Claims Chinese State-Sponsored Firm Uses AI for Cyber Espionage
The American artificial intelligence (AI) developer Anthropic dropped a bomb about a cyber-espionage drive organised by a Chinese state-sponsored group while using its AI model, Claude, to trigger massive portions…
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L’Oréal buys second Chinese skincare stake as C-Beauty brands snare market share
[BEIJING] Cosmetics giant L’Oreal said on Monday (Nov 17) it has taken a minority stake in mass-market Chinese skincare brand Lan, marking its second investment in recent months in China,…
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US sanctions propel Chinese AI prodigy to US$23 billion fortune
[BEIJING] In 2019, Chen Tianshi was a long way from becoming one of the wealthiest people on the planet. The largest customer for his three-year-old artificial intelligence (AI) chip startup,…
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Global AI at Risk? Former Google CEO Warns Free Chinese Models Could Dominate the World
Former Google Chief Executive Eric Schmidt sounded the alarm on a looming global AI imbalance, warning that an inexpensive, open-source Chinese AI model might become the standard for most countries.…
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DeepSeek warns AI could eliminate jobs within 10 years at Chinese conference
A leading Chinese AI expert has issued a grave warning about the future of human employment and urged tech companies to act as ‘guardians of humanity’ amid growing concerns over…
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Three Chinese Nationals Jailed in Singapore for Involvement in Global Cybercrime Syndicate
Three Chinese nationals have been sentenced to jail for their involvement in a transnational cybercrime syndicate that carried out large-scale hacking operations and data theft, the police said on Wednesday,…
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Asian firms divided on Chinese AI as geopolitics bite
When Kien Ta pitched an AI solution to a Japanese healthcare firm, he suggested they use Qwen. Ta, the vice president of Vietnam-based software firm Rabiloo, thought that Alibaba’s open-source model was the…
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Yu Menglong Death Mystery: Vanished Whistleblower Accused Chinese Minister of Being ‘The Artery’ of Cover-Up
When actor Yu Menglong tragically died on 11 September, the official narrative felt thin. What began as a local tragedy has exploded into a national scandal, not because of a…
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Yangzijiang Financial aborts one billion yuan investment in Chinese lithium battery producer
Subsidiary Jiangsu New Yangzi Commerce & Trading and two strategic investors fail to secure approval from Ningbo Shanshan’s creditors [SINGAPORE] Yangzijiang Financial said the plans to pump one billion yuan…
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Chinese banks edge out global rivals in financing Boyu Capital’s Starbucks China deal: sources
Ping An Bank, Industrial Bank, and China Minsheng Banking are set to arrange a seven-year syndicated loan of about US$1.4 billion [SHANGHAI] Chinese lenders are nearing a deal to help…
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Chinese jewellers to bear the brunt of gold tax change
[SINGAPORE] Chinese jewellers and smaller firms in the gold sector look set to be hardest hit by tax changes announced over the weekend that got rid of long-standing incentives for…
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The ‘Chinese owner’ of Nexperia: How Zhang Xuezheng’s tech empire fell to geopolitics
Beijing has taken countermeasures in response to the Dutch government’s actions THE China-US trade war continues to produce fresh drama almost daily, and the latest episode has drawn in the…
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Chinese Son Who Teamed Up with Friends to Kill His Mother in a Fake Road Accident to Claim Her Insurance, Sentenced to Death
A young man in China who teamed up with his friends to kill his mother in a fake road accident in a bid to gain her insurance has been sentenced…
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Nexperia cuts wafer supplies to Chinese plant, ratcheting up chip disruptions
The move comes after the Dutch chipmaker’s Chinese unit resumed supplying semiconductors to local customers [BEIJING/TAIPEI] Dutch chipmaker Nexperia has suspended supplies of wafers to its Chinese assembly plant, according…
